FCMB Group PAT jumps 109% in Q3 2018

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FCMB Group

FCMB Group Plc has released its results for the nine months ended September 30, 2018. Here are highlights of the results.

Gross Earnings 

Gross Earnings for the group increased from N118 billion in 2017 to N132 billion in 2018. This marks a 11.8% increase year on year.

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Profit Before Tax 

Profit Before Tax jumped from N6.8 billion in 2017 to N14.7 billion in 2018. This represents a 116% increase year on year.

Profit After tax 

Profit After Tax also increased from N5.4 billion in 2017 to N11.3 billion in 2018. This marks a 109% increase year on year.

Earnings Per Share  

Earnings per share jumped from N0.28 in 2017 to N0.57 in 2018. This represents a 103% increase year on year.

Current Share Price 

FCMB closed today’s trading session at N1.32, down 8.33%


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